You can talk about BDS but please also talk about the main topic.
It is good for western capitalists to have interests in doing business with and normal relations with China. It is good they stand to lose money and “line go up” were the west to decouple. It’s bad from a lot of other standpoints but when the alternative may be war or war sooner well it doesn’t look as bad though going forward I think China needs to take a look at the health of the products being sold at least to prevent them inflicting an obesity epidemic.
Afaik, it’s not Chinese stockholders profiting from their slavery-like practices, their operations in China have to comply with the Chinese framework. Also if the Chinese people can benefit from increased living standards, if any, from the commoditied these companies offer, why should they feel bad?
Some of these have different business models in China than in the rest of the world, for example fast food chains like KFC, McDonalds, pizza hut can’t compete in the cheap food market in China and have had to become middle to high end restaurants with completely localized menus.
The McDonalds joint venture in China also functions from bottom-up workplace democracy, and the profit is split 3 ways: the Chinese state gets the largest share (I think), then the workers, and then McDonalds only gets like 19-25-ish percent of the profit.
I see them as strategic concessions to the West. Every Western corporation allowed to operate in China is a voice against war because they need access to the Chinese market, if it weren’t for all the business interests in China the US would have already started WW3.
I think they’re parasites, no matter where they operate
The upside is that a McDonalds in China doesn’t sell the same unhealthy garbage as a McDonalds in America does, the downside is that they are still a massive eyesore that I’d rather not see in a socialist country if it can be helped.
Fast food in China also has to abide by the economic plan, institute workplace democracy, and workers get a bigger share of the profits than in capitalist countries.
it’s an embarrassment, there’s a lot of shitty companies doing business in china
I don’t think it’s an embarrassment. Or if it is, it’s only an embarrassment for the capitalists, since China co-opted their shtick.
China is a big market. Just look how many people live there and they have also enough money to afford stuff. So what does a smart bourgeois do if such a great option appears to accumulate more capital? Right, capital export is a big thing. Look how Volkswagen is struggling since they are selling less cars in China. On the other hand they actually do not want to import stuff from China if its competing with local products. This is normal for capitalism and very important if you look into imperialism.
However, China has a different framework and so you can’t just ship something and sell there. You need to form joint ventures or then comply to stuff here and there and and and. It works different. It is not seen favourable especially for the west, that China is able not only to protect its industry this way, but also to benefit from it.
Would Kirghizia implement something like that, it wouldn’t have much impact to simply “skip” this country and alao don’t sell Vuvuzella-10BillionDead-IPhones at all there. But China is freaking gigantic with its market. Meaning, western companies accept to comply to a lot, because they still have a high surplus.
As long as capitalists can make money, they will even sell you the rope with which they will be hanged. Or in this case its a big benefit for China if the create joint ventures with Chinese companies, despite it is the 90Billions-Uighurs-WinniePo-PianoMan-Country.
